Government spending in Faroe Islands was last recorded at 47.2 percent of GDP in 2017 . Government Spending To Gdp in Faroe Islands averaged 53.40 percent from 1998 until 2017, reaching an all time high of 60 percent in 2009 and a record low of 47.20 percent in 2017.

Government Spending To GDP in Faroe Islands is expected to be 45.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Government Spending To GDP is projected to trend around 44.00 percent in 2020, according to our econometric models.

Faroe Islands Government Spending To GDP
Forecast Data Chart
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Faroe Islands Government Last Previous Highest Lowest Unit
Fiscal Expenditure 8910.80 8597.50 8910.80 3948.40 DKK Million [+]
Government Budget 5.00 2.60 12.60 -4.90 percent of GDP [+]
Government Budget Value 948.50 467.90 1189.30 -592.10 DKK Million [+]
Government Revenues 9859.30 9065.50 9859.30 4793.70 DKK Million [+]
Government Spending To GDP 47.20 48.30 60.00 47.20 percent [+]

Faroe Islands Government Spending To GDP

This page provides - Faroe Islands Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Government Spending To GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.20 48.30 60.00 47.20 1998 - 2017 percent Yearly

Country Last Previous
France 56.00 Dec/18
Italy 48.60 Dec/18
Euro Area 46.80 Dec/18
Germany 43.90 Dec/18
Netherlands 42.20 Dec/18
Spain 41.30 Dec/18
Japan 38.90 Dec/17
United Kingdom 38.50 Dec/18
United States 38.00 Dec/17
Switzerland 32.50 Dec/18
South Korea 32.26 Dec/16
India 13.04 Dec/18